Monday, March 2, 2009

When will it end?

I am getting so tired of days like today. It was an avalanche of bad news.

  • AIG records a $61 billion quarterly loss; the largest in US corporate history.
  • HSBC's share price is down 19 percent after it announces a £12.5 billion rights issue:
  • The FTSE 100 is down 3.6 percent. (Is it just me, but the FTSE seems to fall 3.6 percent every day).
    • Labels: , , , ,

    3 comments:

    1. K T CatMarch 2, 2009 at 6:21 AM

      I think you need to go look at some lolcats.

      :-)

      ReplyDelete
    2. AnonymousMarch 2, 2009 at 6:22 AM

      On the "Bottom Line" Hugh Hendry said he thought we would have another twenty years of this...

      B. in C.

      ReplyDelete
    3. aSteveMarch 3, 2009 at 2:59 AM

      Like interest rates, the FTSE can't fall below 0.

      ReplyDelete

    Subscribe to: Post Comments (Atom)